NOT LISTED FOR SALE

Neo Lofts 10 SW South River Dr Unit PHI08 Miami, FL 33130

Riverside Neighborhood

Estimated Value: $353,000 - $374,000

1 Bed
1 Bath
696 Sq Ft
$486/mo HOA Fee

Last Sold April 20, 2021

Last sale price $220,000 $316 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $2,896/month

12 Days on Market

Highlights

  • Ocean View
  • River Front
  • Loft
  • Fitness Center
  • Clubhouse
  • 5-minute walk to Jose Marti Park

About This Home

As of April 2021

Great water views from this 1 bedroom 1 Bath located at Neo Lofts. Unit comes with 2 parking spaces. Open floor plan concept with polished concrete floors. Front loader washer and dryer and modern kitchen. Several common areas to enjoy, minutes from restaurants, Brickell, and Downtown areas. Tenant in place leaving soon. READ BROKER REMARKS FOR SHOWING DAYS. NO SAME DAY SHOWINGS TENANT NEEDS NOTICE. READ BELOW PLEASE

Last Agent to Sell the Property

Cecilia Cordova

Redfin Corporation License #3030385 Listed on: 02/24/2021

Redfin Corporation

Last Buyer's Agent

Ozgur Ureten

Erten Realty Group License #3260548

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,838

Year Built

  • Built in 2004

Lot Details

  • River Front
  • Northeast Facing Home

HOA Fees

  • $486 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Guest Parking

Property Views

Home Design

  • Elevated Home
  • Studio
  • Stone

Interior Spaces

  • 696 Sq Ft Home
  • Built-In Features
  • Blinds
  • Sliding Windows
  • Family Room
  • Combination Dining and Living Room
  • Loft
  • Storage Room
  • Concrete Flooring

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • Studio bedroom
  • 1 Full Bathroom
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Home Security

Additional Features

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 01-41-38-086-1110

Community Details

Overview

  • High-Rise Condominium
  • Neo Lofts Condos
  • Neo Condo Subdivision
  • The community has rules related to no recreational vehicles or boats
  • 20-Story Property

Amenities

  • Lobby
  • Secure Lobby

Recreation

  • Tennis Courts

Pet Policy

  • Breed Restrictions

Security

  • Secure Elevator
  • Complex Is Fenced
  • Impact Glass
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,838

Year Built

Built in 2004

Lot Details

0

HOA Fees

$486 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2004
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 18
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: NEO CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Lobby, Built-in Features, Fire Sprinklers, Pantry, Family Room, Loft, Storage, Studio Apartment, Utility Room/Laundry
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Concrete
  • Furnished: Unfurnished
  • Living Area: 696
  • Possible Use: Unknown/Withheld
  • Stories: 20
  • Window Features: Blinds, Impact Glass, Sliding
  • Bedroom Features: Studio
  • Dining Room Features: Dining/Living Room
  • Living Room Features: Family Room, Loft, Storage Room, Studio Apartment, Utility Room/Laundry
  • Master Bathroom Features: Combination Tub & Shower

Exterior Features

  • View: Ocean View, Other View, River
  • Exterior Features: Open Balcony, Tennis Court(s)
  • Construction Type: Elevated Construction, Stone
  • Direction Faces: Northeast
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: River
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: NEO LOFTS
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces, Covered, Guest, No Rv/Boats

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry, Washer/Dryer Hook-Up
  • Security: Fire Sprinklers, Fire Alarm, Smoke Detector, Complex Fenced, Elevator Secure, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 486
  • Amenities: Clubhouse-Clubroom, Exercise Room, Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 01-41-38-086-1110
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 3838

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2021
Closed on
May 13, 2021
Sold by
Martinez Angela D
Bought by
Pi Miguel A and Keller Sarmiento Anna
Seller's Agent
Cecilia Cordova
Redfin Corporation
Buyer's Agent
Ozgur Ureten
Erten Realty Group
List Price
$215,000
Sold Price
$220,000
Premium/Discount to List
$5,000
2.33%
Current Estimated Value
$358,677

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,677
Avg. Annual Appreciation
12.76%
Original Mortgage
$270,400
Outstanding Balance
$245,720
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$123,401

Purchase Details

Listed on
Feb 24, 2021
Closed on
Apr 20, 2021
Sold by
Alvarez Marcelino J and Alvarez Margaret C
Bought by
Fakouri Anooshiravan and Luvsandavaa Otgonjargal
Seller's Agent
Cecilia Cordova
Redfin Corporation
Buyer's Agent
Ozgur Ureten
Erten Realty Group
List Price
$215,000
Sold Price
$220,000
Premium/Discount to List
$5,000
2.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,400
Outstanding Balance
$245,720
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$123,401

Purchase Details

Closed on
Jun 30, 2020
Sold by
Alvarez Marcelino and Alvarez Margaret C
Bought by
Alvarez Marcelino J and Alvarez Margaret C

Purchase Details

Closed on
Sep 16, 2004
Sold by
Slosbergas Nelson and Slosbergas Ivian
Bought by
Alvarez Marcelino

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,400
Interest Rate
4.37%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 22, 2004
Sold by
Neo I Llc
Bought by
Slosbergas Nelson and Slosbergas Ivian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,400
Interest Rate
4.42%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Pi Miguel A $338,000 Brokers Title And Escrow Llc
Fakouri Anooshiravan $220,000 Sunbelt Title Agency
Alvarez Marcelino J -- Attorney
Alvarez Marcelino $245,000 --
Slosbergas Nelson $195,500 Gulfstream Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pi Miguel A $270,400
Closed Fakouri Anooshiravan $176,000
Previous Owner Alvarez Marcelino $182,400
Previous Owner Slosbergas Nelson $156,400
Closed Alvarez Marcelino $22,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2021 04/20/21 Sold $220,000 +2.3% $316 / Sq Ft
02/24/2021 02/24/21 For Sale $215,000 0.0% $309 / Sq Ft
04/15/2017 04/15/17 Rented $1,675 -4.3% --
04/10/2017 04/10/17 Under Contract -- -- --
02/27/2017 02/27/17 For Rent $1,750 -- --
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,355 $264,511 -- --
2024 $4,827 $240,465 -- --
2023 $4,827 $218,605 $0 $0
2022 $4,097 $198,732 $0 $0
2021 $3,910 $184,011 $0 $0
2020 $3,838 $184,011 $0 $0
2019 $3,617 $184,011 $0 $0
2018 $3,385 $191,678 $0 $0
2017 $3,312 $133,960 $0 $0
2016 $3,109 $121,782 $0 $0
2015 $2,949 $110,711 $0 $0
2014 $2,594 $100,647 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11000612

MIAMI REALTORS® MLS

APN: 01-4138-086-1110